UKPSC 2012 Paper V

Points to Remember: The Third Five-Year Plan (1961-1966) in India faced significant challenges. The gap between the Third and Fourth Five-Year Plans was primarily due to political and economic instability. The 1965 Indo-Pak war significantly impacted the economy and planning process. The Green Revolution played a role in shaping the priorities of the Fourth Plan. … Read more List reasons for the gap of three years between the termination of the Third Five Year Plan and the beginning of the Fourth Year Plan.

Points to Remember: The six components of Bharat Nirman, a flagship rural infrastructure development program of the Indian government. Introduction: Bharat Nirman, launched in 2005, was a flagship program of the Indian government aimed at accelerating rural infrastructure development. It aimed to address critical infrastructure gaps in rural areas, impacting the lives of millions. The … Read more What are the six components of Bharat Nirman?

Points to Remember: NITI Aayog’s formation, replacing the Planning Commission. Its role in cooperative federalism and policy formulation. Key functions: policy think tank, monitoring progress, and fostering innovation. Strengths and weaknesses of the NITI Aayog’s structure and functioning. Introduction: NITI Aayog, or the National Institution for Transforming India, is a policy think tank of the … Read more What is ‘NITI’ Commission?

Points to Remember: India’s export sector faces multifaceted challenges hindering its growth potential. These challenges are interconnected and require a holistic approach for effective solutions. Addressing these challenges is crucial for India’s economic growth and global competitiveness. Introduction: India’s export sector plays a vital role in its economic growth, contributing significantly to GDP and employment. … Read more State any three important challenges of India’s export sector.

Points to Remember: Identity of the Chairman of the 14th Finance Commission. Key responsibilities and functions of the Finance Commission. Significance of the 14th Finance Commission’s recommendations. Impact of the recommendations on Indian federalism. Introduction: The Finance Commission is a constitutional body in India established under Article 280 of the Constitution. It is tasked with … Read more Discuss about the Chairman of the 14th Finance Commission.

Points to Remember: International liquidity refers to the availability of readily usable foreign exchange reserves to settle international payments. It’s crucial for maintaining stable exchange rates and facilitating international trade and capital flows. Several factors influence international liquidity, including global economic conditions, policy decisions, and the structure of the international monetary system. Insufficient liquidity can … Read more What do you mean by International Liquidity?

Points to Remember: Current Account Deficit (CAD) represents a shortfall in a country’s international trade. It reflects the difference between a nation’s total exports and imports of goods and services. A persistent CAD can indicate underlying economic vulnerabilities. Managing CAD requires a balanced approach involving both fiscal and monetary policies. Introduction: A Current Account Deficit … Read more What do you understand by Current Account Deficit?

Points to Remember: Identify two major revenue sources for the Central Government of India (assuming the context is India, as the question lacks geographical specificity). Briefly explain the nature of each source. Maintain a factual approach. Introduction: The Central Government of India, like any sovereign government, relies on various revenue streams to fund its diverse … Read more Write two revenue sources of the Central Government.

Points to Remember: The origin and meaning of the “Hindu rate of growth.” The economists associated with the concept. Criticisms and limitations of the concept. The relevance of the concept in contemporary India. Introduction: The term “Hindu rate of growth” refers to the relatively slow economic growth experienced by India during a significant period of … Read more What is ‘Hindu Growth Rate’? Who has given this concept?